hktdc.com - Policy and Law
 
Home > Market Intelligence > Business Alert – China > Policy and Law
A biweekly newsletter providing up-to-date information on the latest developments in China trade policy and trade regulations

Business Alert – China







Content provided by : Hong Kong Trade Development Council

Policy and Law

 
 
Items Per Page
1. PRD Enterprises Call for Supporting Policies
Since the second half of 2008, the central government has implemented a series of policies. Recently, the State Council has also introduced six measures to stabilise foreign demand. As the economy has still not fully recovered
1 Oct 2009
2. China Reduces Equity Ratio Restriction to Facilitate FIE Listing
According of Minister of Commerce Chen Deming, in order to further expand the scope for Sino-foreign cooperation, introduce new investment formats and optimise foreign investment structure, China is going to take steps to remove barriers
1 Oct 2009
3. Expansion of Rmb Trade Settlement Pilots to be Considered
According to a responsible person of the People’s Bank of China (PBOC), enterprises are currently very enthusiastic about participating in cross-boundary Rmb trade settlement. In addition to Guangdong and Shanghai
1 Oct 2009
4. Rules on Forex Receipt and Payment to be Eased
The State Administration of Foreign Exchange (SAFE) has announced that building a stronger service culture and facilitating the foreign exchange receipts and payments by various types of market players will be the future focus of its work
1 Oct 2009
5. Reminder Service for Export Tax Rebate
The State Administration of Taxation (SAT) has recently issued a circular on introducing reminder service for export tax rebate. In a bid to further strengthen the task of managing export tax rebate and optimise tax rebate service
1 Oct 2009
6. China May Impose Pollution Tax on Cars
The central government is going to make greater efforts to promote energy-saving eco cars. At the 2009 China Automobile Industry International Forum entitled “Financial Crisis and the Adjustment and Revitalisation of the Automobile Industry” held recently
1 Oct 2009
7. Scope of Fixed Asset Input Tax Deduction Clarified
To resolve problems arising in the course of implementation, the State Administration of Taxation (SAT) announced the Circular on the Issue of Fixed Asset Input Tax Deduction on 9 September, setting out detailed regulations on the scope of fixed asset VAT input tax deduction
1 Oct 2009
8. Inspection and Quarantine Supervision by Category
The Shenzhen entry-exit inspection and quarantine bureau has earlier announced that starting from 1 August the inspection and quarantine department will replace the long-standing practice of “batch by batch inspection” with “supervision by category” according to the category and risk rating of the enterprises engaged in exporting industrial goods
1 Sept 2009
9. Green Channel for Toy Exports from Yiwu
Lately, the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) has opened a “green channel” for toy exports from Yiwu, allowing toys sourced locally in Yiwu to directly apply for inspection and export. This has created new opportunities for the sustainable and healthy development of Yiwu’s toy industry
1 Sept 2009
10. Tax Concessions Promote Conversion of Processing Factories
In a bid to encourage the conversion of processing factories into legal-person companies, the unpriced (no-cost) equipment imported by processing factories and used as a capital contribution during the transformation is now eligible for tax concessions
1 Sept 2009
11. Tax Exemption Confirmation for Encouraged Projects Clarified
To further improve the work of approving investment projects under the encouraged category, the General Administration of Customs (GAC) and National Development and Reform Commission (NDRC) have recently released a joint circular on issues concerning tax exemption confirmation for projects under the encouraged category invested by domestic and foreign investors
1 Sept 2009
12. SAT Clamps down on False Report of Loss to Dodge Tax
In a move to prevent offshore companies from transferring their losses in order to evade tax, the State Administration of Taxation (SAT) will clamp down on false report of loss and strengthen tax collection. According to a circular issued by SAT lately, efforts will be made to strengthen the recognition of enterprises registered offshore
1 Sept 2009
13. China Stops Multinationals from Transferring Losses to Affiliated Mainland Entities
China’s State Administration of Taxation has recently issued a circular to strengthen the administration of special tax adjustments and prevent multinational companies from transferring their overseas losses to affiliated mainland enterprises amid the global financial crisis
1 Sept 2009
14. China Will Not Adopt "Buy China" Policy
Some foreign media have interpreted a recent policy announcement by several mainland departments as a "buy China" protectionist move. The Ministry of Commerce (MOFCOM) explained that this was a misunderstanding
1 Aug 2009
15. CBRC Closely Monitors Credit Flow into Stock and Property Markets
The China Banking Regulatory Commission (CBRC) has recently issued an emergency circular on the strengthening of "window guidance" to banks in credit management. Banks should only issue loans to satisfy the genuine demand of the real economy
1 Aug 2009
16. CBRC: No Credit Cards to Students under 18
It is a requirement of the China Banking Regulatory Commission (CBRC) that banking financial institutions shall set up a scientific, reasonable and balanced incentive mechanism for credit card marketing and shall not take the issuance of cards as the only way to judge the performance of their marketing staff
1 Aug 2009
17. Nansha Bonded Port Area Passes State Acceptance Test
Guangzhou's Nansha Bonded Port Area (Phase I) has just passed the state acceptance test conducted by a team of experts from 11 ministries and commissions to become the fifth bonded port area in the country and the first in Guangzhou to have officially passed this test
1 Aug 2009
18. SAFE Promulgates New Rules on Offshore Lending
The Circular on the Administration of Foreign Exchange in Offshore Lending by Domestic Enterprises issued earlier by the State Administration of Foreign Exchange (SAFE) will become effective on 1 August
1 July 2009
19. Pre-tax Deduction of SME Credit Guarantee Institution Reserve Fund Extended
According to the Circular on Pre-tax Deduction of SME Credit Guarantee Institution Loan Loss Reserve Fund issued by the Ministry of Finance and State Administration of Taxation earlier, the effective period for the implementation of the policy
1 July 2009
20. Unified Enterprise Quality Rating to be Adopted
At the Quality and Safety Year’s Quality Excellence Forum convened on 16 June by government departments including the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ)
1 July 2009
 
Items Per Page
Page of 32
Go
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 Next